Latvia Burglar Alarm Systems Market (2025-2031) | Outlook, Competitive Landscape, Industry, Share, Segmentation, Analysis, Companies, Size & Revenue, Forecast, Trends, Growth, Value

Market Forecast By Type (Wireless Alarm System, Wired Alarm System), By Component (Hardware, Software, Services), By Application (Commercial & Industrial, Residential) And Competitive Landscape
Product Code: ETC7906559 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Vasudha No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Burglar Alarm Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The burglar alarm systems import market in Latvia experienced a shift in concentration levels from very low to low in 2024, following a negative Compound Annual Growth Rate (CAGR) of -7.73% from 2020 to 2024. Despite the overall decline, there was a positive growth rate of 9.66% from 2023 to 2024. Key exporting countries to Latvia in 2024 include Lithuania, Bulgaria, Sweden, Estonia, and Denmark, indicating a diverse and competitive market landscape driving import shipments in the industry.

Latvia Burglar Alarm Systems Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Burglar Alarm Systems Market Outlook
  • Market Size of Latvia Burglar Alarm Systems Market, 2024
  • Forecast of Latvia Burglar Alarm Systems Market, 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Revenues & Volume for the Period 2021- 2031
  • Latvia Burglar Alarm Systems Market Trend Evolution
  • Latvia Burglar Alarm Systems Market Drivers and Challenges
  • Latvia Burglar Alarm Systems Price Trends
  • Latvia Burglar Alarm Systems Porter's Five Forces
  • Latvia Burglar Alarm Systems Industry Life Cycle
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Wireless Alarm System for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Wired Alarm System for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Hardware for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Software for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Services for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Commercial & Industrial for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Burglar Alarm Systems Market Revenues & Volume By Residential for the Period 2021- 2031
  • Latvia Burglar Alarm Systems Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Application
  • Latvia Burglar Alarm Systems Top Companies Market Share
  • Latvia Burglar Alarm Systems Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Burglar Alarm Systems Company Profiles
  • Latvia Burglar Alarm Systems Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Burglar Alarm Systems Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Burglar Alarm Systems Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Latvia Burglar Alarm Systems Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Burglar Alarm Systems Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Burglar Alarm Systems Market - Industry Life Cycle

3.4 Latvia Burglar Alarm Systems Market - Porter's Five Forces

3.5 Latvia Burglar Alarm Systems Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Burglar Alarm Systems Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 Latvia Burglar Alarm Systems Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Burglar Alarm Systems Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in burglary rates and crime levels in Latvia

4.2.2 Growing awareness about the importance of home security among Latvian consumers

4.2.3 Technological advancements in burglar alarm systems leading to more efficient and advanced solutions

4.3 Market Restraints

4.3.1 High initial installation costs of burglar alarm systems

4.3.2 Limited consumer disposable income in Latvia impacting purchasing power

4.3.3 Presence of alternative security measures impacting the demand for burglar alarm systems

5 Latvia Burglar Alarm Systems Market Trends

6 Latvia Burglar Alarm Systems Market, By Types

6.1 Latvia Burglar Alarm Systems Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Burglar Alarm Systems Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Burglar Alarm Systems Market Revenues & Volume, By Wireless Alarm System, 2021- 2031F

6.1.4 Latvia Burglar Alarm Systems Market Revenues & Volume, By Wired Alarm System, 2021- 2031F

6.2 Latvia Burglar Alarm Systems Market, By Component

6.2.1 Overview and Analysis

6.2.2 Latvia Burglar Alarm Systems Market Revenues & Volume, By Hardware, 2021- 2031F

6.2.3 Latvia Burglar Alarm Systems Market Revenues & Volume, By Software, 2021- 2031F

6.2.4 Latvia Burglar Alarm Systems Market Revenues & Volume, By Services, 2021- 2031F

6.3 Latvia Burglar Alarm Systems Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Burglar Alarm Systems Market Revenues & Volume, By Commercial & Industrial, 2021- 2031F

6.3.3 Latvia Burglar Alarm Systems Market Revenues & Volume, By Residential, 2021- 2031F

7 Latvia Burglar Alarm Systems Market Import-Export Trade Statistics

7.1 Latvia Burglar Alarm Systems Market Export to Major Countries

7.2 Latvia Burglar Alarm Systems Market Imports from Major Countries

8 Latvia Burglar Alarm Systems Market Key Performance Indicators

8.1 Percentage increase in the adoption rate of smart burglar alarm systems in Latvia

8.2 Number of new entrants or players in the burglar alarm systems market in Latvia

8.3 Percentage growth in the number of households opting for professional monitoring services for burglar alarm systems

9 Latvia Burglar Alarm Systems Market - Opportunity Assessment

9.1 Latvia Burglar Alarm Systems Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Burglar Alarm Systems Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 Latvia Burglar Alarm Systems Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Burglar Alarm Systems Market - Competitive Landscape

10.1 Latvia Burglar Alarm Systems Market Revenue Share, By Companies, 2024

10.2 Latvia Burglar Alarm Systems Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All